Thursday, June 30, 2016

Reply to recent comments


http://cpteh.blogspot.my/2016/06/lunch-date-with-experienced-investor.html?showComment=1466035645751#c1599176563142379191

Edmund : I have learned from some traders that correction is coming and companies are rushing to complete the rights issue or else can't get some from shareholders. It is happening now and will see how market response in near future.

TEH : Yes Edmund ... we are seeing that and IPOs too!! Watch that and alert others. Thanks for commenting. You are the first after months no comment here. haha.

Edmund : I find your blog at Tradesignum. Have bookmarks your blog for regular updated analysis and comments.Have you follow the right issue for MBSB?  What is your view? I see that it will go as low as RM0.59 due to market sentiment

TEH : I was 'hanging' around Tradesignum-forum some 5yrs ago ... then, moved to i3 a year later but exited i3-forums some 3yrs ago. So .. I m not sure what are discussed there ... tradesignum is a good portal and I do always still share with many. Yes, I do follow MBSB right-issues .... I do not have positive views on it, and trading at bottom 70cents at the moment ... with MBSB-or trading around 10cents. Do the Math.

http://cpteh.blogspot.my/2016/06/red-alert-mbsb.html?showComment=1466055290958#c3672688083428228528

Edmund : Yes. The new low is forming and could go down to RM0.59 but just a prediction. It happen to Mulpha and Prelexus. Seat back and wait for new low to make decision.

TEH : We shall see the low for MBSB ... I m never good in prediction. Didn't check Mulpha or Prelexus right-issues, tho.

Edmund : See the social forum in i3investor, http://klse.i3investor.com/servlets/stk/1171.jsp
Some of them going to get trap. Please advice and thank you. PenguinDad

TEH : Hi Edmund ... thanks for commenting. No ... I do not check i3-forum for some years ago. And if they wish to comment, do come here. Glad to 'entertain'

Edmund : Ok. There are a lot of right issues announcement and companies are trying to complete right issue and anticipate the worse time coming. Get money from shareholder first in case later need would find it difficult. The blackstone report is interesting. Thank you.

TEH : Yup ... same frequency here ... I do think those right-issues are to cushion many companies' account ... or to pare-down their debts, whichever way ... sign of bad times ahead. Welcome on the blackstone report.

http://cpteh.blogspot.my/2016/06/should-we-keep-cash.html?showComment=1466086060568#c1669376022599274235

cs : I think it is important to trade and practise during bear market.

It is a perfect time to train and do research and trade and control emotion and greed.

Market crash is perfect time to enter. I suffered big loss before the subprime, luckily I was just 3 months into trading and I was glad I learnt my lesson at early stage. After the crash, everyone was "Stock king" because during the recovery any share you will make 100-200% if you can stay long.

I simply wish people learn the basic, FA, TA. Buy simple company that we can understand and not simply follow Bloggers. ( I learnt the hard way)
TEH : Thanks for such a good comment, cs. Yes .. we are in the similar frequency here .... MUST LEARN NOW to trade rather than quit. In bull-markets, EVERYONE is sifu/guru ... but slowly, you are seeing those sifu/guru disappearing or changing nicks ... simply because it is BEARISH now ... and you may noticed that I m NOISIER now, if you have followed my writing here. Basically, I m a contrarian ... when things are 'good', everyone could claim many things ... success comes on HOW we handle our DOWN times. Yes ... that is why ... more reasons for me trying to reach out to teach TRADING more ... during crash, I will be sharing about FA instead.

Combine both ... we could capitalise on the market-crash, rather than being victims!! Stay in touch with me as we riding it down ...

http://cpteh.blogspot.my/2016/06/benefits-of-failures.html?showComment=1466671285129#c6271031431821624025

Edmund : This is a good speech. I have download the speech to share it with my boy.
Hope to benefit him once in the real world. Thank you for sharing.

TEH : Welcome. My pleasure to share ... my failures might not of her magnitude, but that is still one very good speech on failures!!

http://cpteh.blogspot.my/2016/06/brexit-markets-tumbling.html?showComment=1466751886429#c5598705949366494777

Edmund : Hi, Me again. There might be more to come. US presidential election might happen in the same way. See next few days whether donald trump say anything about brexit.

TEH : Hi ... haha. Donald Trump. haha. Watch for election then.

http://cpteh.blogspot.my/2016/06/6-important-skills-of-self-made.html?showComment=1466955172503#c4650690306289746050

anonymax : nice article mr teh...me too, are working towards being a millionaire, though im not sure when, how, and will i ever be one

TEH : Great to know you like it ... yes, keep working for it. You will if you think you can.

TEH : Asiabrn = HingYap ... yes yes ... forgotten. Thanks

TEH : Edmund ... I do not know when is the crash. NO ONE knows la ...

Ok ... guess I replied most of the comments, especially the regular Edmund.

Thanks

TEH

KLCI back at 1650 level

Mornin to DOW V-shape recovery caught me buy surprise. Shorted DOW yesterday and in paperloss now. Didn't expect such a sharp rebound ...

In KLCI, we see many stocks making recoveries and moves too ...



SKPetrol : Fantastic ... as I sold at above 1.35, it dived to 1.29 low ... now at 1.48 ... wow. more than 10% rebound ... a mere window-dressing?

When market sentiments improve ... we shall see many showing rebound but we will be thinking if it is sustainable?

After sold off many before Brexit risk, I m giving the V-shape rebound a miss. Yes, time to stay patient ... wait for that sharp correction. Recent Brexit DID NOT shake KLCI much ... so, I dislike the current 'support' by local funds ...

Going to take break today and focus in my tuition.

Have a nice trading day.

TEH

Wednesday, June 29, 2016

Stages of preparations


There are THREE stages of preparation that is needed ...

1. Before crash

2. During crash

3. After crash

We are at STAGE #1 ... the preparation before the crash. Before crash, we will see many rushing to list their companies ... so we shall see more 'small' companies listed. Also, we shall see more right-issues too ...

Preparation for stage #1 is very difficult ... but I think stage #2 will be much more difficult. But ... let me focus in stage #1 first. We shall discuss more of stage #2 and stage #3 ... when time comes.

Many retailers are FAILING stage #1 ... in my own trading group, I could see many stating they QUIT KLSE for the time being and will be back to buy during crash. As I have mentioned early, it is near impossible for those retailers to buy during crash ---- without stage #1 preparations.

I will have less than 2 years to prepare ... and if the crash is really 1H2017, I m certainly NOT prepared. Just like marriages, we could never be so-called well-prepared. But ... at least we know the date we are getting married, right?

The UNCERTAINTIES ... the patience to wait ... the strong MENTAL individuals ... to withstand the current pressure of uncertainties.

While all of us knew that we need to prepare BULLETS (funds) ... many may not experience CRASH before ... we might not see 1998 severe crash ... but if KLCI to retrace to 1000 level, that is great correction to me.

Whatever level that could be is not for us to predict. I do not believe in predictions ... I will prefer to know what I should be doing.

At current moment ... the market is fragile. Today KLCI up up ... DOW recovering well too ...





Barrick Gold : Listen to the youtube clip above. Soros bought this one.

Whether is another half year ... or one year ... or even two years before we see crash, we have to prepare STAGE #1. I have written many posts on CUTLOSS ... this is most painful and difficult decision all have to make ... as market NOT crashing YET.

And retailers still talking about KNM ... or goring HiapTek. Short-term thrill will put us in long term pain.

I will rather watch the game now ... while take cautious short trades on blue-chips.

Read the first tips I have give all ... CUT-LOSS is the most important preparation for stage #1.

Coffee-talk : Going to meet a property investor ... and a friend later. I wanted to know more about the situation in properties now. Yes, I will meet bankers too.

TEH

Stock Alert : TGoff




TGOff : If not mistaken, this is O&G related counter ... someone e-mail me this morning and I checked it out. BELOW 30cents support now ... technically very bearish. FA wise, if not mistaken ... bad. I have stopped tracking her years ago ... it was at RM1, if not mistaken.

Sorry. No comment.

As I was checking http://www.klse.my/index.html ... shut down? What a waste!! A sad day, indeed. Thanks for providing me great info and such (besides i3-portal). I do check Bursa-site ... but ... but ... never mind.

Time for a nap as KLCI rebounded and will want to do a 'video' clip later.

TEH

Stock Alert : AsiaBrn


AsiaBrn (code 7722) : I think this is AsiaBrand (anak-ku and such) counter ... changed name some time ago. Someone e-mail me few days ago about her ... as she stuck at RM3plus (didn't specific to tell me much, tho) and asked opinion as it is trading below RM1.20 now.

Low liquidity now after another round of selling around RM1.20. Inconsistent volume and we could not trade her. DOWNTREND shall continue base on chart but volumes drying-off.

I am very sorry that I could not answer ... as I have no knowledge about the fundamental of the company. For whatever reason we BUY, we need to place of cut-loss point. Guess at RM1.08 now, it is "too late" to sell. Just hope that it will recover ...

Technical chart showing it is drifting lower. With not-good market sentiment, it is difficult to see funds or investment-funds moving into most of illiquid stocks.

Sorry.

TEH

Changing focus


Good morning to a green day ... market recovering with DOW plus 270 points!! Yeah ... KLCI well-supported as end-June window-dressing up by local funds.

It is not a fun time for me ... it is nagging and stressful.

I have to updates all the funds, and my trading funds registering losses(no thanks to daring venture into HKSE and lost) ... while all the other ILF(index-linked funds) making good returns of 6%-22% for past one year. My trading funds started some 2 yrs ago ... where in first year, generating 6% profits ... yeah, I m using these funds to gather much needed knowledge on how to manage larger funds ... to manage RM10k is OK ... but to manage RM100k is different risk-management.

Over the years of failing ... I have grown to be wiser(I hope!!) ... FAILURES ... in the process of understanding trading and investments. It is much needed experiences, paying painful losses ... and lessons. But ... it is these difficult times ... we have to pull-up our socks ... and IMPROVE.

With-standing the adversity ... staying in-touch with things we are doing, and doing better ... we could only improve. No doubt that we have made blunders, un-forgivable stupid mistakes, taken un-necessary risk ... but seeing it positively, these are NEEDED ... in preparing for the hardest of time --- market CRASH.

I have reduced trading ... as in such difficult situation ... indicators failing me. I am avoiding small-caps ... and the only theme play now might be 'constructions'. So ... shifting of FOCUS now ... back to basic, trading blue-chips and index-linked only.

2016 is tough year ahead ... 2017 would be tougher, I guess.

As I have to focus in setting up my new tuition-center, I have created a new blog for it too last night!! Yeah ... just do it ... as it is something I like doing, sharing my knowledge to students ... trading workshop? Well ... in bad markets, not many want to learn about trading (it should be the other way round leh ... bullish market over the years, MANY sifus coming out ... bad markets is the time we LEARN and be in markets!!) ... so, I will only have trading workshop if I have requests or the numbers.

My focus will be writing blogs .... this ONE and my tuition-page. My focus will be on preparation for market crash (and meeting more for coffee-talk). My focus will be to grow the number of students for my tuition classes. These are my focus for 2016-2017.

How about trading? Yes ... move to trade US (to open  an account with ADS, one may contact me ... I will pass ur number to the remisier) ... as US is more liquid and better for trading. For KLSE ... well, trade blue-chips during sharp correction or opportunities (such as BAT recently).


There ... will read this book ... to remind me to be FOCUS. It is not easy to focus due to many things I m handling and also distractions.

Facebook groups : I have deleted many groups yesterday ...

1. Book-sharing groups : I have a group ... trying to share books I read thru online ... it failed I m lack of focus and not consistent with my schedules ... created last year, dormant for months. Closed. I will create another NEW book-sharing group soon ... as I like this IDEA ... sharing a trading-investment book, read ... and discuss with audience --- and yes, thru online to reach out to many readers out there.

2. Charity group : I have closed the 'charity' group too ... that doesn't mean I m not going to do any charity ... charity for me is from 'heart', not to be pressured to  do it. So ... no need to announce to others when I m going to do what ... but yes, most members in the charity-group are my FB friends who have been kind(with donations too) and supportive towards my charitable cause. I will be doing ... in small scales, but one day .... when I retired financially well, I will want to get involved.

3. e-learning groups : I have deleted many KIV and old groups ... except for my latest up-coming e-learning group ... yes, those interested to learn trading thru online for small fees (duration is 4-5 months ... weekly basis). All the other old groups closed. Will promote my cohort-4 e-learning further.

4. Math-group : Tried to create that ... but not reaching out to many students. Failed in marketing. Closed.

5. Futures-trading group : Failed to promote as personally I m not doing too good too. So ... I have closed it and day-trading is too stressful, too time-consuming too.

While I m clearing my Facebook and store-room yesterday, I will also delete few of my other blogs ... while maintaining www.tratles.net (I just renewed the fees) for occasional posts. I m uploading the weekly e-meeting there too, it will be good to keep all my tracks.

Too many things ... drowning me. So ... after whole day of thinking ... I made few decisions to clear those dormant ... accept the failures, the consequences ... and move on. Decision making made with my FOCUS in market-crash's preparation. CLEAR. CUT. DELETE.

It is almost 8.15am ... time for me to plan for the trading for today. Nothing much, actually ... as I m still staying side-way.

Wait .. there is a stock named : FOCUS

FOCUS : Once in a while, they push and goring her ... back to low 5cents level ... will they re-focus in goring her in weeks/months to come?
Happy trading.

TEH

Tuesday, June 28, 2016

Focus in my tuition-biz


2.50pm : Noon ... KLCI recovering, no panic selling seen tho DOW minus 260 points after a 610 points drop. Well ... local funds supporting, window-dressing for end-June, I guess.

SKPetrol : At the moment, rebounded well ... 1.37-1.38 now.

I am still not buying ... as I will wait for few more days to see more stories or dramas .. we will never know.

The joke of the day is England lost to Iceland ... and Brexit. The only country to exit euro twice in a week. Hmm ....

Today ... I locked myself in the office, clearing the store-room ... and I shall start my tuition classes by next week. Need to focus in my tuition-classes and promoting myself!! Also ... the plan of the new center ... will get myself busy on that.


Those looking for A-level tuition can call the number 016-373 1709. And those looking for good Math tutor (any level) can contact me personally.

I have to work harder now to collect and save more bullets ... anticipating the crash to come.

Yes ... as market is not going to be bullish or limited upside, it is time to slow-down and swift my focus into preparation for the crash, while focus in my tuition-biz.

SKPetrol at 1.40 now ... wow. What a rebound.

Anyway, this Saturday market-talk : Preparation for market-crash is ON. Those interested can contact me. Time is 2pm.

Got to run again.

TEH

Tips #1 : CUTLOSS


Morning ... in the midst of preparation of market-crash ... I have reminded many to observe strictly to the cut-loss point.

For example : CUT LOSS of SKPetrol once RM1.35 broken.

Easier said than done.

That is also why we need a platform where we could key-in our cut-loss point. So far, RHB is the only platform providing the mechanical cut-loss feature. If you wish to open an a/c with RHB, I could recommend you my remisier. Sms me your number (to my 012 821 0129) and I will forward your number to him. Because he is a good remisier, I m sticking to him ... I will have an e-meeting to show all how to put CUT-LOSS using RHB platform. If there is any other platform with such feature, do inform me too. Thanks

Note : My remisier might not be reading this ... but hey, I will claim coffee from him later. haha.


MBSB : Without a cut-loss ... we will be long term 'investors' ... accidental investor, we called it.


MBSB-wa : At least the mommy MBSB will not expires and recently distributed 3cents dividend before ex-rights. This is warrant ... it expired. If we are holding on to it at RM2 ... or RM1.50 ... or RM1 ... or even at 50cents, it died at 22cents.

LESSON : DO PUT CUT-LOSS (SELL) each time we are trading. We are to PLAN before we click the BUY tab. Unless if we are investing ... then, we will buy in stages.

There are few ways we could cut-loss ... one of the more simpler one is below 5%-10% losses, clear it off. Putting a magnitude ... rather than support-level is OK ... at least we are OUT with the amount of losses that we could manage.

Say you bought Parkson or DRBHcom or Armada or ... at RM1 support level. Then, we have to cut-loss if the SUPPORT broken. This is another way of cut-loss. But, it is a MUST.


Parkson : When RM1 support broken ... it became a strong resistance now(a selling point). At 82cents now ... we could not see Parkson to be traded at RM5 for a loooooong loooong time.


Parkson : If we bought at RM3 ... without a cut-loss ... we have became an accidental investor.

It does not make me comfortable speaking TRUTH here ... but it is a MUST to tell all, no matter how PAINFUL lesson we are learning here, it is much needed.

Market is far from crash ... yet, our funds STUCK up there ... with NO light to see it recovering. HOPE is the last thing we want to include in our analysis (HA = Hope Analysis).

I am planning for a 'free' (one needs to pay RM20 for my Raya-charity funds) market-talk on CUT-LOSS ... and share with those interested some of my ideas of preparation of market-crash.

Perhaps ... this Saturday noon? Let me plan my time first ... yes, even ONE person attends, I will continue. haha.

Market is opening ... RED

TEH

Monday, June 27, 2016

Alert : SKPetrol




SKPetrol : Broken important support of RM1.35, at 1.31 ... low RM1.29 at the moment. That is new low level. More to come ...

Selling should be on Friday when black candle seen. Making that decision could get us out. But, if one is holding SKPetrol at RM3 ... or RM2.50 ... or RM2 ... I could understand how difficult it is to clear/cutloss.

What should we be doing if we are stuck up there?

Will SKPetrol taken out from composite-index?

What is going on with SKPetrol ... besides the low price of oil?

Seadrill exiting ... is that the main factor? Factored in?

These are in our retailers mind ... speculative ... and full with hope ... hope that oil will recover further and SKPetrol could be back to our cost-price.

There are many times ... I was in that position ... very uncomfortable and stressful, indeed. But, I have learnt to cut-loss and move on. Not everyone could take the pain ... and motivated to

Will check her by end of week. Just be aware that technically, it is bad. And no one could tell where the bottom is now

TEH

Post # 3334

7.40 am : Good morning, Monday.



Books : I was reading one of the 'financial' book ... a FA book by KC Law. I will share more of the book as I do kinda like the contents ... more into logical sense of investing, using simple fundamental-analysis.

For example : I was reading the topic " WHEN TO BUY" ... and logically it says ... during sharp correction or during 'sales'. Yes ... the dragging CRASH word in our mind, the fear ... and freight. Also ... he said buying during 'tax' time when fund-managers will see and going for long-holiday. That would be around Sept/Oct ... of each year?

It is sensible to say .... buy below the "intrinsic value". But .... what is the intrinsic value of each listed company? Does anyone out there HONESTLY know that figure? Really?

Yes ... we learnt about DCF ... based on previous data/figures. Is it sustainable in such econ-environment where globalisation is the whole new spectrum for all biz? Are the projection accurate or of any valid justification? Markets do not make senses ... that is for sure. So ... we do want to buy the stocks at huge 'margin of safety' ... so, it is logical.

In theory, yes. In practical ... it is totally a different scenario.

What we read and we know is called knowledge. Knowledge is NOT power ... coming from  a teacher.

APPLLIED knowledge is power. We do not need to know the whole book ... but those BASIC knowledge of FA and TA is sufficiently enough for a person to do VERY well in investing/trading.

While I do and will still check those ratios, over-analysing will paralyse us, actually. Markets always over-react ... it is more of psychological analysis ... EA(emotional analysis) taking a huge part of being a great investor!!

Everyone will like to equate their system to Warren Buffett. Thousands of people following every steps of WB ... his buying and selling (recently, WB bought AAPL, fyi). But ... how many of them becoming even near to his performance? We are talking about holding-forever here?

Nevertheless ... the FA book is very good for novice like me, to understand biz-analysis slightly better. Balance-sheets and cash-flow statements are important to check on the health of the companies ... but the understanding of the operational of the biz (street smart too) is equally important.

FOCUS ... into WHEN to BUY?

Remember Mr T ... the experienced investor I mentioned? I sms-ed him and asked his opinion of the book ... all FA analysis book since he is a fundamentalist and profited very well from stock-markets over years.

Mr T : No sifu/guru will share their earning money secrets ... example Li-KaShing or WB.

Hmm ... I guess what he meant was ... if it is THAT easy to get rich or done well in investing or trading, then ... they do NOT need to write a book, right?

Have you ever wonder WHY would these author write books about investing or trading? If they have successfully able to earn huge amount of money, why write books? I did ... I asked myself these LOGICAL question before ... while virtually EVERYONE could write a book (one may even attend a writing-book workshop) ... not everyone could do what is written, right?

THEORIES are not equate to PRACTICAL.

I should know .... because some suggested that I could write a book some years ago ... and now, I got to know few local authors and I still respect them highly ... I guess it is due to our education system, moulding us to believe that ... hey, he could write a BOOK ... about trading or investing, he MUST be very good or successful. Wow.

That is mis-leading, my friend. I should know again ... as I have attended few book-writing and inside author circle. Some really like to write .... and share their knowledge, research ... and getting their NAMES to be known. It is a proud moment, you know ... seeing your name in print and many people queueing up for your signature!!

Truth has never been reveal ... authors earn 10% of the sales ... for every RM40 book, the author pocketing RM4 and ... err ... in Malaysia(a non-reading community), it is really difficult to hit 50k copies of sales, RM40 x 50, 000 = RM2,000,000. So ... the author to get RM200k. WOW ...

Remember ... do buy books, original ones instead of photocopy.  READ as much of these books ... I personally prefer LOCAL (Msia or Spore) authors ...

I will continue to promote books as that is the BEST reference to most newbies/novices ... I have gained much of my limited knowledge thru books. It is not have many books we have, how many books we read ... or amount of contents we understood.

It is the APLICATIONS of those knowledge ...

The experienced investors and traders ... understand that. And let me assure newbie-readers, stock-markets or any financial markets ... goes WAY BEYOND things we read from books, media-prints or things we heard.

More posts to come ... as I m back to blogging.

Have nice RED day ahead. I m wearing RED T-shirt.

TEH

Sunday, June 26, 2016

Short US stocks?

https://www.rt.com/news/348449-eu-disintegration-irreversible-soros/

http://www.tratles.net/2016/05/08/dow-components/

AXP : American Express ... downtrend.


AAPL : Apple Inc --- downtrend, short if below USD90

BA : Boeing Co  --- sideway, downtrend biased.

CAT : Caterpillar Inc --- downtrend.

To be continued and will be kept in my US30 page

Night

TEH

Index-Linked Fund(ILF)


http://cpteh.blogspot.my/2016/06/sell-in-june-and-go-away.html

One more week of June to go ... I am not prepared for JULY, actually. Looking at many charts Brexit ... many rebounded from the Friday morning selldown.

Earlier, I have sold Maxis, IOICorp, UMW, BAT ... after the buy in mid-May call.


CIMB : I managed to sell all my CIMB in the morning RM4.30-RM4.33 before it dived to support RM4.20 ... but recovered.


SKPetrol : I sold her off in the morning too ... at cost price.

ALL the stocks for the funds generating profits tho small ... and with SK my last selling, I m fully in cash again.

I have created this funds mid-2015 ... so, it is one year old. I will be updating the performance by end of June. So, I will not be buying anything till JULY.


KLCI : 1st JULY opening at 1709.77 and currently at 1634.05, down by 75.72 (or minus 4.4%)

Conditions : Only buy 30-index-linked counters (Hapseng replaced UMW, by the way) when KLCI having selling down and oversold.

Simple conditions ... doing good and could improve. Market is challenging and I would rather trade-less ... and focus in fewer stocks.

At the moment, I will be focusing into DOW30 and the counters trading in the 30-index-linked. This one is better as I could short-sell any of the counters which overbought.

Another week to go ... I have many things in mind. I need to be discipline to make a routine to be more efficient.

We shall see if tmr it is crumbling down as DOW minus 600points... our KLCI is the best index around!!

Till tmr ...

TEH

6 Important Skills of Self-Made Millionaires


http://addicted2success.com/success-advice/6-important-skills-of-self-made-millionaires/

There are ambitious individuals all over the world working hard to achieve millionaire status. It is a status that most would agree epitomizes financial success. We’ve all heard countless success stories of people who have become millionaires, some even at a young age. We also know that many of these people started with nothing, which is likely where the term “self-made” comes from.

TEH : My parents was mee-hawkers. I have to self-support myself during uni-years (by giving tuition and skipped some of my classes). But due to my financial 'ignorance', I was always in debt. So ... I took a bold step to re-invent my financial mindset. Glad I done that some 10 years ago.

There are many paths a person can take to become a millionaire. Some have become millionaires by investing in real estate. Some have done it by building and selling a business. Some have done it by investing in other businesses. Some have done it by creating and selling digital products such as software, mobile apps or information products.

TEH : Real Estate (properties) investment is something I m learning ... want to diversify into that AFTER market-crash. At the moment, I was lucky to be able to grab an apartment in 2012 before the price doubled.

Yes ... currently building the tuition-biz (that is why I needed to stop my full-time teaching job) ... no intention to sell but expanding my second center is 2016 priority and recently ... I got some positive movements on that. More on that in future once all 'settled'.



Yes ... I m investing in MobileWaiter, a start-up ... diversified some cash out into this-biz as I m believer that delivery-online biz is the next leap-trend. Just line those online-purchasing in-trend (benefiting logistic-delivery companies such as Gdex and those packaging too).

Visit here to order your food delivery to your doorstep for RM1 fees https://www.mobilewaiter.my/

I do not know how to create apps or softwares ...but I have information products here where I could sell. Example : I m ''selling" my e-learning course which I m planning to start mid-July if the numbers are there. Example : I wanted to create a new website(homestay in mind) with few tech-guys ... as I do not know anything much about internet-marketing and how to create a site.

Oh yes ... I think I did not write about www.goorooo.com which did not take off, after few meetings and discussions. It was beginning of 2014(Jan) ... where our 'competitor' could be www.kaodim.com, a service market-place. OURS was ... more of guru/sifu market-site ... those who wish to find mentors? Example ... if you wish to look for a yoga-teacher (reputable ones), where could you find ... online? There are few new sites coming up ... to 'compete' with kaodim ... such as service-hero, recommend ...

I cant even update and handle my own www.tratles.net ... it takes lots of efforts.

Heard of UBER or AirBnB, right?

So we know that it’s possible, and we know that there are many ways that people have done it. But what we don’t often hear about are the specific skills that these self-made millionaires possess that are paramount to their ability to create substantial financial wealth, regardless of which path they take to create it.

TEH : I think IQ, skills ... knowledge etc etc are over-valued. Haha ... while we do need specific skill and knowledge in our field(s), we definitely need MORE than that ... to do financially well.

SIX SKILLS needed

#1 : They know how to manage money

Self-made millionaires know how to manage money. They know how to use the money they make to make more money. They multiply their wealth by getting their money to work for them. Most people don’t know how to make money work for them, so they never stop working for money. Most people spend the majority of their income on personal expenses and whatever is left will typically sit in a low-interest savings account.

TEH : This is hard ... hardest for me as I was a teacher-mindset. But, when I decided to change ... I definitely need to learn how those well-to-do individuals done it ... how to make our money work for us when we do not even have 'extra', right? Stock-market is a vehicle we could generate that ... buying good dividend stocks, for example. Or better ... wait for crash and buy cheaply?

While most self-made millionaires began by working for money, they kept personal expenses low and put their remaining income to work. They didn’t let their money sit in any one place for very long. They put it work by using it to grow their business or purchase investments that would yield a return. By minimizing personal expenses consistently for several years while continuing to re-invest as much money as possible into income-generating activities, these individuals were able to compound their wealth in relatively short periods of time.

TEH : Yes ... easier said than done for majority of us ... who work-hard for the monthly salary. While my monthly salary with Taylor's College was below RM5k(with 20yrs teaching experiences, mind you ... new lecturers being paid RM2.5k) ... I have no choice but to work-hard on giving tuition ... lucky for me as I love what I am doing ... and do not feel the 'burden'. Remaining for investment?? That is also another DIFFICULT for most of us ... with lacking of funds and knowledge, we are potentially lose our hard-earned money ... instead of generating us profits??

I am still and will be in the thick of market activities as I m preparing for the coming crash. Yes, I m in "capital preservation" stage ... where losing 10-20% is ok with me rather than stuck 50% inside during crash.

Re-invest the profits ... yes, if our biz could break-even in first few years ... and we could remain prudent to look for new opportunities, to invest. I was told that more than 70% biz could not sustain 3 years and have to close down due to 'losing' money. I will like to talk to more biz-owners ... how they failed and succeed to navigate themselves out of biz-failures. Amazing stories ... worth listening to. 

#2 : They know how to create win-win relationships

Self-made millionaires know how to build and cultivate win-win relationships. Believing that their network is equal to their net worth, they make a commitment to cultivating relationships with people who can help them achieve their goals, and in exchange they help those individuals achieve their goals. By continuously expanding their network, they can create opportunities by connecting the right people together. And as their network expands, the number and quality of the opportunities they are presented with also increases.

TEH : I was a loner ... introvert too. But ... slowly over the years, I have to learn the skill #2 ... BUILD win-win relationships. Yes ... I attended many talks, in-touch many with similar interests and see how we could work together to benefit each other. WIN-WIN is always in my mind ... if the person is not moving in similar path(and beliefs) ... then it wont work for long, anyway. Yeah ... many painful 'friendships' broken along the way ... hurt me lots, at times. But ... I have to let go and see that as lessons ... as my failures fold.

At the moment, I do still hope to connect to few investors who trust me enough ... to invest for them during market crash. Yes ... win-win ... I will help others to understand the crash ... preparations needed and how we could capitalise on the event. It is l... after-all a 10yr once event.




I do still wish to meet more for coffee-date and market-crash talk ... to understand better how I could prepare for the coming crash. Easier said than done ... as most retailers will be badly burnt and forums will be quieten.

Watsapp/call me up for a drink (on you, ya) ... we shall meet. Win-win, ok


#3 : They can delay gratification



Self-made millionaires have the discipline to delay gratification. Most people are very impulsive and entertainment driven. They often spend money on unnecessary things that give them immediate pleasure but have no real long term benefits. Most self-made millionaires had little interest in short term pleasures as they built their wealth. They had the discipline to not waste money on unnecessary items or waste time on unnecessary activities. They made plenty of sacrifices that the average person doesn’t make, and as a result they are now able to enjoy life at a level that the average person can only dream of.

TEH : I have to admit that I m lax in the "delay gratification" ... there are few purchases, which I see it as impulsive ... also the pressure to ''give our family the best". Example : I bought my foldable bike, another one for my son and girl. Those items sitting idle after the hype of riding bike as one of family activity!! I do ... once a while, cycle. But I over-paid ... few k for bicycles??

Or I changed my 3year-old flat-TV (I was having 21" tube-sony TV which was 20years old when I first came back to KL, broke) ... into the larger 'smart TV' ... just like that!!

While I do not have much entertainment (watching candlesticks and reading investment books are my fav past time) ... minimal in spending kids for playgrounds, games or movies.

So ... I really need to get-back into this SKILL : DELAY GRATIFICATION.

Thanks for the reminder.

#4 : They know how to influence others

Self-made millionaires know how to influence and persuade others to help them do what they need to do. Even though the term “self-made” implies that no one else’s help was used, in reality we all require the help of others to achieve our goals. For example, a real estate investor will likely not build wealth in real estate without the help of real estate agents, appraisers, mortgage lenders, contractors, or tenants. A large goal often requires the involvement of several people. Self-made millionaires know this, and have therefore become skilful communicators. They are able to effectively persuade others to willingly contribute whatever services they can.

TEH : This is definitely my weakest skill ... dealing with HUMAN .. oh boy. I do not even know how to persuade people to join my trading-group or readers to follow me. Because of my own belief ... I believe everyone has their own likings, beliefs and interests. Also ... I do not even able to ask many readers to attend my free e-meeting ... most of them are my own trading-members.

I am not good in communication and speaking ... that is why I joined a ToastMaster group. Those interested in joining me in our TM group, let me know too. I do need to improve my communication skills ... hmm ... wonder how.

#5 : They are resourceful

Self-made millionaires seldom let a lack of resources stop them from achieving their goals. If they didn’t possess the resources they needed to seize an opportunity, they found someone who did and negotiated a win-win arrangement for both parties. If they needed money, they found where to get it. If they needed certain talents, they found the right people. Self-made millionaires know that a lack of resources is rarely the problem – a lack of resourcefulness is. When resources were scarce, they learned to be very efficient with what was available to them. Being efficient with a little was practice for being efficient with a lot.

TEH : Yes ... I do not have much funds to fully capitalise in coming crash ... so, I know I have to speak to more of my 'friends' who could trust me enough to invest their money during crash and I could earn some commissions from the profit?

"Being efficient with a little was practice for being efficient with a lot."

I like this word ... we need to learn to manage small-funds efficiently to be able to manage a larger funds. To earn 10% p.a with RM10k is not difficult at all ... but to manage RM1mil and profit 10% (that is RM100k for u) would be greater challenge. Understand that helps me to grow larger now ... reaching out to many 'well-do-do' friends ... or any readers out there who wish to meet-up to discuss on this? I will be very glad to be given a chance (recently, I was given a chance to help to manage a huge amount of money, and I m still excited about that ... hope TTB or KYY will call me up too).

#6 : They know when to delegate

Self-made millionaires are conscious of the value of their time. They deliberately spend the majority of their time on high-value activities (activities that yield the greatest return). For example, an entrepreneur whose goal is to earn $1,000,000 in a single year and is prepared to spend 2,000 hours on work-related activities, calculates that the value of one hour of his time is $500 ($1,000,000 divided by 2,000 hours). In order to achieve that goal, that entrepreneur must spend his time on activities that are worth $500 per hour to their business. All other activities need to be delegated. You can’t expect to earn $1,000,000 in a single year if you spend the majority of your time on activities that can be delegated to someone else for $20 per hour.

TEH : TIME = MONEY ... that is what many said ... but many people spent their time ... doing nothing much ... related to their GOAL. To me, it is financial goal to be free ... in order for me to retire(rich enough, if possible) and do my own charity setup. Financial goal comes first ... then personal goal.

We need to increase our VALUE ... for the time we spent. I still like spending an hour or so ... writing in this blog. Yes ... it is creating awareness in myself too .. like a check-point on what i m doing right ... swayed or diverted ... and re-focus. That is my blog for ... for personal motivation too, besides inspiring some young readers.

Self-made millionaires identify which of their daily activities are most productive in terms of growing their wealth. They focus as much time as possible on those activities and they delegate the other activities (paperwork, administration, running errands, etc.) to other people. They abide by the Pareto Principle – also called the 80/20 Rule – which states that 80% of results come from 20% of activities. Self-made millionaires invest their time in the right activities.

TEH : Oh yes ... a strong believer in 80/20 ... so, I will like to write about  that too. I have to invest my TIME ... and focus in things I do ... towards my financial goal.

At the moment ... my focus will be preparation for market-crash ... it will takes awhile for me to be equip with knowledge and experiences.... and I will use my TIME to move into that direction.

Have a nice weekend ... sharing my comments on my personal thoughts ... on the article I read. I do read many of these articles.

Do read.

TEH

Saturday, June 25, 2016

Learning Corner : Acostec


Learning Corner

Example : Acostec (code : 7120)


Stage 1 : Not liquid ... no publicity. No one knew much about this company.


Stage 2 : Gap up with huge volume .. 8th April. What was going on? Go to BURSA to check on the announcements and/or news. Something was going-on.
Stage 3 : From Apr 2014 to May 2016 ... a very long consolidation period ... TWO 2yrs ... too long for any non-investors .... and ranging from 60cents to 75 cents. Low liquidity ...


Stage 4 : Recently, on 5th May ... breakout of the TWO-YEAR range ... with huge volume. Now ... we are at stage 5 ... consolidation again?

We shall watch ... and remind me to update : For learning purposes.

TEH

What analysis are we using?

Morning ... Saturday ... will update the funds report (over-due) as we are going into end of June.

Also ... need to update details for the e-learning (still needing few to start. Contact me).

It is difficult to think straight ... to be logical when market at chaos. For one, the Brexit created many stories ... from the collapse of EU itself ... to the recovery of the UK, in power in future.

Everyone seems to be an analyst ... having their own opinions, based on what they have read. Confusing, right? Yes ... be VERY confused.

To reduce that, stop reading from media. Let it go .. we will never understand that, right? Focus in our own portfolios or things we are doing right now ... for me, blogging. haha.

Oh yes ... I do think UK will be stronger by choosing Brexit. I will if I have to vote. EU is dragging on ... politically and economically drained. So ... we shall see the RISE of UK ... was thinking if I should be changing some cash into british-pound? MYR weakening too, anyway.

Let it go ... go jalan-jalan.

It has been ages since I last heard of people arguing on FA vs TA ... because more and more so-called traders learnt FA ... and TA.

FA : To me, I knew very little about FA (PE, PB, NTA, RNAV, ROI, DCF, DY and such ... jargons) ... I do not hide and telling others I knew these. I read loads of it ... yes.  I used it as guide-line ... as NONE of these are so-called correctly pointing to us ... if the company is UNDER-valued during market correction or crash? But ... these are signals I use to drive in such a winding road ... to investing in stock-market.

TA : To me, I knew little about TA (RSI, MACD, Stoc, MA, MFI, BB, FR, OBV, ADX, VSA ... and such). I went for a trading-course to learn these ... spent hours reading many books!!

So ... due to my limited knowledge in FA ... and little knowledge in TA ... I m building up strategies, in the preparation of market up-coming market crash. Very little ... I m not being humble, but stating FACTS. I do not care what others seen me ... being humble or boastful. I do care to share with others ... SOME truth.

So ... you knew about FA ... ok, ok. You are an analyst of an IB. Great ... I do respect most IBs as they are highly paid and they must have been one of top-students, graduated from respectable Uni. But ... why analysts made MANY bad-calls on the reports and those target-prices seem to be 'unrealistic'?

I am in favour of FA ... as I do believe that lousy losing money companies will be used to goring and benefit the major shareholders and/or some operators. If one is fully trade using TA ... ignoring FA, one might get caught when there is a huge sell-down. Of coz, we place a cut-loss where we assumed to be DISCIPLINE to cut-loss.

TA ... didn't give us a strong conviction in buying HUGELY in a stock due to the position-sizing and RRR calculation. Many of the times, it fails to hit our target-price and coming down ... it takes years of experiences for me to understand that ... if you trade in-out, you will only earn peanuts due to 'small' position size.

If one is to sai-lang any stocks what moving higher ... earn hugely and put trailing stop, it sounds to be most logical thing to do ... for traders. That is in THEORY ... as most technical traders(if they are really good, they will not be trading KLSE, ok? Go to trade oil, gold, indices ... higher leveraging there!) are not as mechanical as they should.

Bear with me ... whether one from FA or TA ... take everything we read with a pinch-of-salt.

Pause and think.

If we buy a stock with PER at 4, is that under-valued? By the way, most China-stocks trading in KLSE are of lowest PE value ... or go to HKSE, we could find many blue-chips trading at single digit PE. So ... PE is not the way we value stocks, ok?

If we buy a stock due to breakout ... do you see them as over-bought? Buy high and sell high, right? Yeah right ... easier said than done ...

Add the FA and TA ... the best of combo... but that will still be VERY lacking. I don't know about others ... I do know I have very shallow knowledge of FA and TA, so .... please never call me a sifu, ok?

I m learning NA ... news analysis. Stocks move due to publicity, hot in forums or media ... example how they pushed IFCA up by writing about its biz-model and related IFCA to large property-companies in China ... and Malaysia. Great news story-telling back then to move it up way beyond logic. While those TA-kaki ... might trade on breakout, FA kaki will not touch.

Combine FA + TA + NA ... could we find the formula then?

Unfortunately, market is too complex to simple put figures in it. Check how those export-oriented stocks being PUSHED up way beyond their fundamentals... and the trend, technically speaking is over. NA? Yes ... we need more news to come in .. example : due to Brexit, MYR will be down vs USD ... so, the USD play again.

How about it is biz-model ... that is biz-analysis, BA. To analyse that ... we need to have a qualitative checking on the management (how do you know that CEO could drive the company further?) ... right sector ... prudent and competitive models?

Now we have FA + TA + BA + NA ... I will like to re-write the order ... BA + FA + TA + NA + ...

This is part of my preparation of market-crash. I will recommend reading of DYNAQUEST (a catalogue of listed companies, with brief FA ratios) ....

Yes, biz-moat ... the reputable management. That is BA for you ... which I read a lot, but being not a biz-man, I have lacking in understanding how some biz could be doing so well while others fizzled off and tutup-kedai.

Adding in punting analysis ... PA. After all those so-called traders or investors in stock-markets, basically are punters too. Including me, of coz.

Punting or gambling ... came from lacking of BA + FA + TA + NA ... just buy due to hearsay or some recommendations ... one day, win-win ... happy. Next day ...losing ... blame the tips-givers!!

BA + FA + TA + NA + PA ... there you are. Looks too complicated now if we are to learn bits here and there. Using my 8 years (very short experiences) in markets ... it is MORE than all I have read, done ... and I do not think so I could ever reach 20% of any of these in my understanding ...

20% of each ... we have 100% then. Haha.

Logic analysis ... called it LA is very important in stock-market as it doesn't make senses.

Emotional analysis ... or psychological sense ... EA ... analysing on human behaviours or the studies of behaviourial-finance ... why human are not rational when face with their fear-greed.

Now ... Analysis = BA + FA + TA + EA + LA + NA + PA ... wow. The list is getting longer now.

Yet ... many still arguing about FA vs TA ..endlessly trying to PROMOTE their courses, softwares and such. If the systems work so so well ... are they VERY rich by now? Hmm ... think needs LA.

If one is to check forums ... many are emotional when they are winning or losing. Markets play on GREED and FEAR. Understand that could make us ... avoiding the crowd. It is called HERD mentality. Read that? I have written about all these analysis ... too many of times.

But ... again, there is no right or wrong. The person who takes time to understand how the GAME is being played ... learning from the bad-experiences and know the rules will prevail. They will be wiser ... or perhaps, disappear ,... quit in regret.

I am a NOVICE ... take it from me. I am too small and humble by markets. Many of times, I am being punished. Yet ... one day, I will be wiser .. to share experiences to many retailers and newbies out there.

Don't worry ... there will always be greater fools around to believe they could beat the markets, beat the syndicates and ... some system works wonder. They will be disappear when ...market crash.

While waiting for that ... have a nice weekend. I could have written in greater details, but ... I have to run again.

Hope the above will give little insight of what analysis we need. Use whatever works for you ...

Comment : Leave comment HERE (click www.cpteh.blogspot.my ) and not in i3. I do not go to i3 or tradesignum forums anymore). Thanks Edmond of TS to leave some comments. I will reply you in a blog-form.

TEH

Friday, June 24, 2016

Tonight e-meeting : Brexit



KLCI recovered brilliantly ... magic-hands.

If you wish to join my tonight's e-meeting go to : https://www.facebook.com/tratles/

See all tonight.

TEH

BREXIT .... markets tumbling


1.20pm : Noon ... reporting that Brexit wins ... markets dive and gold surging ...  good opportunities ahead.

Will be busy again tonight ... I shorted DOW yesterday ... and covered too early. What a test of patience if we want to earn huge ... and to BIG SHORT it? Nah ... one minor lot earn us 'small' but good for traders. I need to learn to short larger and hold longer. This is one of my practice and preparation for market-crash ... yes, that is why I m moving to US where we could short.

I see this as hiccup and opportunities to buy. Yes, I exited most of my stocks ahead of this uncertain times ... no joke, we don't know which way it could go, ok?

It is so difficult ... to go for BIG SHORT. In theory, it sounds great idea ... in reality, we are too small ... too naïve and too emotional.

I shall leave this post as a note that this is NOTHING ... we have yet to see the crash.

No worry ... we shall watch it together.

TEH

Brexit ... a green day?


8.15 am : Morning ... all the Brexit news around. DOW surged 230points last night. See GREEN DAY later?


KLCI showing good indicator of MACD and above 20MA resistance. I bought TWO index-linked for my funds ... days ago when I shown the stochastic crossed. But, I have exited most of small/mid cap ... too volatile. Waiting on side-line as trading will be too difficult with uncertain results pending to be announced.




Green Day's song ... the best around as we shall come back after September ... hehe.

Stay alert ... do not PUNT into speculative counters as #1 rule is important --- CAPITAL PRESERVATION . CUT LOSS arr ...

Will write later.

TEH

Thursday, June 23, 2016

Post # 3323


Morning ... still blur-blur as I slept late, watching DOW surged up only to dive ... it closed minus 48.90 points ... but but ... DOW futures GAP up this morning ... WOW ... ahead of Brexit.

Hapseng : Welcome to KLCI .... you are the man.

UMW : Buy ... I mean, bye-bye.


As I could not think of a title of this morning post (still blur-blur) ... so, I saw that this is my #3323 post ... and stay as that as my title. Haha ... that is how random I am ... not your usual stock-market or financial bloggers leh. I am not ... I m just a teacher, happened to be involved in trading and being a blogger!! Didn't I said that many of times?

Anyway ... I searched for the code 3323 ... there you are. None in KLSE but could be found in HKSE ... 3323.hk is "China National Building Material Co". Don't know what this company or counter about ... but the word BUILDING MATERIAL and down so much ...

Let me search uncle-google for more info ... (I could just go back to sleep rather than writing this post, right? But I will not ... I rather write this post and share with NEWBIES and readers how we could search and do some homework on counters we know nothing about).

OK ... a glance at google-finance search ... giving me PER15.3 and no of employees 134k. Wow ... so, this is a huge company with market cap HKD18.5bil.

Next ... check the website. Type code 3323 or the name into google search.

http://www.cnbmltd.com/en/index.jsp

There you are ... next ... download the quarter-reports and annual reports. Learn to read these etc etc ... and if some alarming FINANCIAL red-flag there, no need to continue to bother. Move on to code 3324 then. haha.

By the way, if you see these giants in China in downtrend ... what do you think of the economies? How about our recent rally in STEEL sector(I SKIPPED the who rally in Annjoo, LionInd and such). Let me show HIAPTEK which is ACTIVELY trading at the moment (9.50am here)


HiapTek (code : 5072) recently was VERY active ... as the whole STEEL sector steals the show. The above is the WEEKLY chart. WOW ... can see the VOLUME and rally of above 40%? Go go ... go to forum and you will see many retailers, those with free-time will talk about the sector etc etc.

To me, it is a NO NO ... a sector to avoid in total.


There you are ... this is taken from my screen-shot of my smartphone ... since 2015, consistently losing money ... see the chart too.

FA : Fundamental Analysis ... use common-sense ... EPS (stands for Earning Per Share) dropping from quarter to quarter ... then start to make losses for past FIVE quarters ... what is the senses that it SHOULD recover?

Think. Pause ... think for a while IF YOU RECENTLY bought HiapTek(or any steel counters) and TRAPPED up there ...

So ... to educate the public NOT TO PUNT is near impossible ... it is the game of gambling attracts many punters.

Ok ... I will write about Ho Kok Mun's book ... I have the older edition (second book) which I bought at 2010 and disagree to be conservative as market "just" recovering then ... now, time to check back his very good book.


For my collection, I bought the latest edition ... yes, will write more about some concepts he shared. He is a fundamentalist ... and in falling market, fundamentalists will beat those chartist ... hands down. Hey, I m more of a technical person tho I started from fundamentals.

A strong advice to all newbies and decent readers out there ... check the fundamentals of the company we are buying/trading. Read that book ... and I shall have a book-sharing when I m 'free'.

Have to go for gym now ... off.

TEH

Wednesday, June 22, 2016

Pump-n-Dump : Stages


Morning ... we are taking a break from KLSE today ... but I will still be trading DOW after 2pm later when it activated.

Since I am free today, I will write a post about PUMP and DUMP. This is for newbies who got trapped into these goring stocks. Strong advise is ... DO NOT TOUCH these stocks. If one needs to be greedy, you will NOT survive in long run. Trust me, I have been there. Haha.

I am going to use the PUMPed ... and DUMPed Aturmaju (Comcorp still have few rounds to go)


Aturmaju  (code 7181) : Click on the chart above to ENLARGE.

Stage 1 : Huge volumes of sudden ... activated to be in one of the MOST actively trade counter and announcement to traders ... I am here. Do notice me. It was a sign of MARK UP of stage one, and if we are aware, we could TAKE the trade. Pushed up 70% for the time being(one month Jan2016) ... that will create interest in many traders ... especially retailers. INI KALI LAH ....

Stage 2 : A pullback of 20% for 2 weeks ... killed few weak ones to collect more at lower price ... must make more noises in forums, media ... and/or employ some runners!! Make sure it has great coverage .... make sure those in social-media(facebook, blogs, telegram, watsapp etc etc ... tweet it) ...

Stage 3 : Another huge volumes detected ... round 2 coming ... this time from 80cents to RM1.60 ... doubled our money!! I told you so ... coming out from many in forums (i3, investlah etc) ... everyone talking about ATURMAJU (silly me ... I was NOT aware since Jan2016 ... till recently when someone in my trading group told me to watch diving ... just like Comcorp yesterday). Anyway, stage 3 lasted till end of April.

Stage 4 : Enough of the game ... lets DUMP ... almost vertically down from RM1.60 to below 80cents in A WEEK. Incredible nice to watch ... but I have seen so many of these (for being in market everyday in 8 years, these are common show for us).

Stage 5 : Rebounded 60% for this stage at current level ... game is over? Consolidating with low volume. No buying-selling. Retailers suck inside. It could drifting lower ... as many try to sell but without buying volume, it could be difficult to sell if we have huge position inside these non-liquid(no longer as operators exited).

Stage 6 : Left to be seen if they are pushing for last round of distribution and letting those greedy retailers to average down (and trap inside more). Otherwise it will drift lower and lower ... till the base around 60cents level and ... volume will dry-off from there ... and we might nit hear of Aturmaju for loooong time.

Remember IFCA? Anyone remember the glamorous Sumatec?


Sumatec : NOTHING to do with the O&G in Kyrgyzstan ... I don't even know how to spell the country name ... perhaps we should know who Halim is ... today, Sumatec drifting lower after the operators left? Hoping for stage 6?


IFCA : Hmm ... RM1.70 to current 50cents ... drifting lower. Those good and experienced traders ride her up from 50cents to Rm1.50, perhaps ... and exited. Those without CUT LOSS traders stuck somewhere up there ... and could NOT escape the killing.

I shall leave here ... with a note. Do understand that these are for trading, not to buy-hold. Take your profit and run.


This is BIG ... do you get the BIGGER picture ... how stocks being operated?

Have a nice off-day.

TEH

Tuesday, June 21, 2016

Pump and Dump : Comcorp (code 7195)



This is just a classic example of how a stock ... from no where PUMPed ... from 30cents level, unknown ... to become a talk-about HOT and SEXY stock ... it went to 85cents resistance and recently ... pumped further up to nearly RM1 ... today is a dump day.

I feel sorry for those greedy ones ... forced selling is a must. I will try to make a short clip on how to see that this is a NO NO speculative counter to punt.

There are many more ... JHM in mind. See how they dump JHM ...

Note : If you wish to learn, join my coming workshop or e-learning.

TEH

Monday, June 20, 2016

Benefits of failures


Benefits of Failures



A good speech by the billionaire author of Harry Porter.

If you want to be a good trader, learn to fail ... take responsibilities and learn. Only by failing many of times, one will be wiser ... and a strong person will succeed.

TEH

Brexit fear : A buy?


DOW futures continue to surge ... ahead of Brexit decision.

Some asked what is DOW-futures and where could we view that?

http://www.bloomberg.com/markets/stocks/futures

I think the WHERE to find is ... basic. With internet world, everything is at our finger tips. But ... to understand HOW the DOW futures related to our index or particular sectors/stocks, that is the greater challenge.


MBSB : As warned to cut-loss if below RM1.10, today it is hitting RM1.05, many investors viewed the right-issues as NOT good ... and exit instead of paying more money to support the company they invested. Technically, once the support broken last Thu, it is a sell.

This is reminded me of DRBHcom ... Armada and many more. They may never recover to our "cost price" if we bought much higher. If we are at 50% paperloss, we need the miracle of the stock to recover 100% ... Think of it that way.

Market NOT crash yet ... where are we going to find fresh-funds to average down many of those stocks we are stuck into?

Once this logic strikes us ... we will know that many of the current price of stocks WILL be lowered much more when market is to crash.

We could only watch ... without plans, we could not 'survive'. I have that 2008 experiences ... it is bad and painful ... but valuable to understand the current situation ... trade less, trade good fundamental blue-chips ... trade those in THEME play.

Let go of those where the theme is over OR those speculative counters where we do not to HOPE it will ever recover. During crash ... some of these counters might be de-listed. Understand fundamental is basic ... for investing and trading.


Just sent out an ALERT about Vivocom to my trading group as some of them might be goring-ed her. Once breakdown 22cents .... we shall see huge downside.

Yup ... there are many pushing it up and promoted it. Sure win? Someone asking me should he be buying? It is that HOT.

TEH

DOW futures up 150 +


9.30am : Monday morning ... DOW futures up 160points as I m writing here, settling down after watching FKLI gapped up(my short not done) and now ... back to reality, and I just longed. FKLI.



KLCI daily chart showing a bullish reversal candle nearing to support. With stochastic going to be bullish crossover, it is a LONG for FKLI. When it rebounded well some 2-3 weeks ago, I sold all my index-linked counters and started to buy into second-liners such as 3A and Econbhd. I didn't manage to sell for profits and they came down .... and I have to cut-loss instead. Yes, I m still needing to learn to be DISCIPLINE to CUT LOSS.

If one is to learn candlesticks reversal patterns ... do not need to pay money to those trainers in the course, ok? Search internet ... "reversal candlesticks" ... the list is long.


http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_bullish_reversal_patterns

www.stockcharts.com is one good website for us to learn (if u wish to, but by reading these .. it is NOT enough. It provides us with basic knowledge)

Many of times we wondered ... WHY candlesticks failed, especially in KLSE? The answer could be liquidity and time-frame.

Anyway, we have a reversal candlestick there in DAILY KLCI chart. I longed FKLI and we shall see the results later (or in few days time).

As for FCPO ... I longed overnight during closing last Friday. As I said, these futures is too difficult for me to understand. So, I tried my best to follow candlesticks and few(minimal) indicators.

Ok ... it is Monday morning ... I m going to gym, back for FCPO ... and going to be more hardworking to reply ALL e-mail, updates the KIV groups for e-learning and details of my coming workshop.

JUST DO IT.

TEH

Sunday, June 19, 2016

My Father's Day


Sunday night ... time to rest and writing a post about today, Father's Day.

I shall begin with my morning trip to Ci-Hang (Kg Subang), organised my 1M1C group. I just tagged along ... bought items from Econsave nearby, donated some items. I brought my family along as I do want my kids to be 'exposed' to these homes (orphanages, old folks homes, OKU centers and such).


Rumah Bakti Ci Hang : Officiated by Ong-Ka-Ting. Chinese-old-folks center for the unmarried or no kids, physically able and above 65 years old.


This is Mr Chew ... who is the main person of organising charitable events ... and this is the second time I tagged along with him.

For more information, those interested : http://1month1charity.blogspot.my/

I was a good short trip ... with my family. Normally, I will be going alone as I have to work(kuli), with the car loaded with items and could not take care of my kids ... but today I knew it is for small scale ... and besides, I m just helping with few items (such as cooking oil, canned food).


So ... what are my motives for going to many charitable homes? Besides, I m doing a good deed?

It is towards my personal goal .... yes, I want to form an organisation or a center ... to manage ITEMS distributions to these centers!! It will be like a one-stop center for public to donate food, used clothes/books, donate items and such ... then, I will get volunteers to deliver them to homes!! Yes ... I will be more of the center manager .. raising funds and reach out to the needy ones!! This blog will be full with my charity work ... in 4-5years time. I need to rename this blog by then .. haha.

Yes ... I started doing 'charity' way back when I was in Uni-time ... when I was broke but hey, there are much worse than me, so I thought. I started to do many donation drives when I was teaching in Stamford College in my 10 years there (1990 to 1999 ... then, I moved to Sabah).

I was broke ... honest. I do not have money to donate, actually. But I told myself ... that is not the excuse not to do what I wanted to. I adopted two kids through WorldVision, paying RM50 each per month using my credit cards. I was really in debt, actually.

So ... I went to Sabah .. left everything.

Today, I realised that I need to take care of MYSELF first before I could take care of those needy ones. Today ... I do realise that I need huge funds to be able to run an organisation. So ... I planned all these since I m back to KL some 6 years ago. I will want to retire rich ... and use the funds to open a center I mentioned above. Yes ... just move on ... do it in small scales, no pressure on what-how ... but slowly growing my knowledge and experiences(just like how I learnt to trade) ... hopefully, I could find many out there ... kind people who will support my humble good cause.

I am tired ... I need to rest now (11.50pm). So ... I will write more about my charity-works and will reply to few e-mail I received about my trading-workshop and e-learning. Will do.

Thanks for reading.

Night

TEH